China Satcom definition
Examples of China Satcom in a sentence
CGWIC, China SpaceSat, China Satcom and New Business are subsidiaries of CASC, which in turn is the controlling shareholder of the Company as at the date of this announcement, they are connected persons of the Company under Chapter 14A of the Listing Rules.
The provision of loan facility by the Lender, a subsidiary of China Satcom, under the Loan Agreement is without security and on normal commercial terms.
As China Satcom is a subsidiary of CASC, China Satcom is therefore a connected person of the Company under the Listing Rules.
China Satcom will arrange financing to APT (HK) for the specific purpose of payment of the progress payments under the APSTAR 7B Satellite Procurement Contract.
China Satcom is a renowned satellite operator in Mainland China providing satellite communication services.
After the equipment arrives at the site of China Satcom, WorldSpace’s representative shall be on-site where the Parties jointly unpack the containers, inspect the goods, and check the arrival of goods list.
Exchange losses incurred due to China Satcom’s failure to make timely and accurate conversion for the amounts due shall be borne by China Satcom.
If China Satcom has exerted its best efforts to seek but has failed to obtain such prompt, adequate and effective compensation, China Satcom is not responsible for the result.
The Parties shall determine through consultation the Capacity Service Fee, which fee shall be collected by China Satcom from various types of Clients.
In the unlikely event of any partial or total condemnation, expropriation, destruction or damage of the Ground Station or other equipment contributed by WorldSpace, China Satcom shall officially seek prompt, adequate and effective compensation.